VegaShares Files Callable Bond ETF Focused on Financial Sector Income

The VegaShares Fixed Rate Callable Bond ETF will invest primarily in investment-grade fixed-rate callable bonds, with a mandated concentration in the financial sector. The actively-managed fund will target income opportunities across U.S. dollar-denominated debt issued by banks, insurers, brokers, REITs, and other financial firms, using bottom-up credit and relative-value analysis. It may also gain exposure through swaps, options, forwards, and futures when deemed more efficient. The non-diversified strategy seeks attractive risk-adjusted income while actively managing interest-rate and call risk, including shortening duration when rates are expected to rise.